Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Maruichi Steel Tube's share price for the quarter that ended in Dec. 2023 was $19.8. Maruichi Steel Tube's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 80 Mil. Therefore, Maruichi Steel Tube's market cap for the quarter that ended in Dec. 2023 was $1,577 Mil.
Maruichi Steel Tube's quarterly market cap
stayed the same
from Jun. 2023 ($1,577 Mil) to Sep. 2023 ($1,577 Mil) and
stayed the same
from Sep. 2023 ($1,577 Mil) to Dec. 2023 ($1,577 Mil).
Maruichi Steel Tube's annual market cap
declined
from Mar. 2022 ($2,103 Mil) to Mar. 2023 ($1,577 Mil) but then
increased
from Mar. 2023 ($1,577 Mil) to Mar. 2024 ($1,578 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Maruichi Steel Tube's Enterprise Value for Today is $1,292 Mil.
Maruichi Steel Tube Market Cap Historical Data
The historical data trend for Maruichi Steel Tube's Market Cap can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Maruichi Steel Tube's Market Cap
For the Steel subindustry, Maruichi Steel Tube's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Maruichi Steel Tube's Market Cap Distribution in the Steel Industry
For the Steel industry and Basic Materials sector, Maruichi Steel Tube's Market Cap distribution charts can be found below:
* The bar in red indicates where Maruichi Steel Tube's Market Cap falls into.
Maruichi Steel Tube Market Cap Calculation
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Maruichi Steel Tube's Market Cap for the fiscal year that ended in Mar. 2024 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Maruichi Steel Tube (OTCPK:MCHIF) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Maruichi Steel Tube Market Cap Related Terms
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Maruichi Steel Tube (Maruichi Steel Tube) Business Description
Maruichi Steel Tube Ltd is a Japan-based company that manufactures and sells steel tube and steel sheet coating. Japan, North America, and Asia excluding Japan are the three largest markets for the company. The company's product portfolio includes welded steel tubes, hot-dip galvanized steel sheet, lighting poles, and prepainted steel sheet. Its products are used in architecture, civil engineering, machinery, power generation plants, automobiles, motor cycles, medical equipment, fitness machines, office automation equipment, office and educational furniture, and others. It has plants across North America and Asia.
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